In today’s briefing:
- EQD | NIFTY Rising But SHORT Trade Possible From Friday…
- Morning Views Asia: Innergex Renewable Energy, Vedanta Resources
EQD | NIFTY Rising But SHORT Trade Possible From Friday…
- The NIFTY Index closed up last week (CC=+1), it is not overbought yet but it could become so at the end of this week (Friday).
- Resistance begins at 22280/22800, these are the price areas from where SHORT trades can be initiated (target: 1 weeks reversal, close trade at Close).
- Covering LONG holdings with Covered CALLs is also possible, Strikes should be =>22800.
Morning Views Asia: Innergex Renewable Energy, Vedanta Resources
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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